Connected cars global market size 2019-2028

Published by Statista Research Department, Sep 28, 2022
The global connected car market is estimated to reach about 65 billion U.S. dollars in 2021, up from some 56 billion U.S. dollars in 2020. It is expected that the market will recover from the impact of the global coronavirus pandemic and grow to around 121 billion U.S. dollars by 2025.

Size of the global connected car market between 2019 and 2020, with a forecast through 2028 (in billion U.S. dollars)

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Release date

September 2021

Region

Worldwide

Survey time period

2019 and 2020

Supplementary notes

For the Statista estimate an exponential development of the values between 2020 and 2028 was assumed to estimate the annual values. The values for 2020 and 2028 were provided by the source.

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Segments

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Autonomous vehicles

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Companies

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Consumers

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